Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

23708 Malibu Colony Road

Malibu, CA, 90265

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$19,995,000

MLS: 26640479

Beds

5

Baths

5

Sq Ft

2,502

Lot

0.21 ac

Year Built

1928

MLS #

26640479

Days on Market

8

Listed

Jan 21, 2026

Description

Historic Malibu Colony home, on 37.5 feet of beach, is located in the sandiest section of The Colony. Built in 1928 and fully restored by preservation specialist Tim Gleason, who married the spirit of east-coast Stanford White beach houses with a classic Malibu beach vibe. Walking in the front gate along the flagstone path, the scent of star jasmine transports you to the golden age of The Colony. Two-story beachside windows fill the living room with light and lead to a private patio ideal for entertaining. The home offers five bedrooms and four and one-half baths, including separate guest quarters with a kitchenette. A spacious, open modern kitchen, high ceilings, and an original oversized clinker brick fireplace enhanced by the latest and greatest modern amenities complete the residence. Nothing else combines classic, well-appointed details with a laid-back beach lifestyle.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Branden Williams · The Beverly Hills Estates

Payment estimate

$139,194

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $1,999,500 · Loan: $17,995,500

%
Principal & Interest
$110,567
Property tax (1.25%)
$20,828
Homeowners insurance
$300
Mortgage insurance
$7,498
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Malibu home with as little as 3.5% down using an FHA loan — roughly $699,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Malibu, CA 90265 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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